Michigan Auto Insurance Information
In the state of Michigan, the basic auto insurance coverage is 20/40/10 coverage. This means that:
Bodily Injury Liability: $20,000/$40,000
Property Damage Liability: $10,000
The bodily injury liability is $20, 000 per injured person and up to $40, 000 per accident while the property damage liability coverage has a minimum limit of $10, 000. There is a mandatory minimum Personal Injury Protection coverage of $8,000 in the state of Massachusetts.
Michigan follows a No-Fault system. This means that regardless of who is found at fault during an accident, your insurance company will cover the injury claims up to a specified amount. Generally, your right to sue under a No-Fault system is lost.
On average, Michigan residents have an auto insurance premium of $2,039 in 2010 while the national average is roughly around $1,578. 2010 is a great year for car insurance customers as the rates experienced a major decrease. The average auto insurance premium in Michigan is 9% lower in 2010 compared to the previous year. What’s more, because CarInsurance180 aims to provide the most affordable rates, you can purchase much lower auto insurance without sacrificing useful coverage.
It is important to compare numerous auto insurance quotes before you purchase one. The best way to do this is to conduct research on the subject and compare the coverage and rates of numerous providers. However, the selection process is much easier now thanks to auto insurance comparison sites like CarInsurance180. Our wide variety of auto insurance companies ensures easy comparison and more value for your money. CarInsurance180 aims to provide the most affordable rates; you can purchase much lower auto insurance without sacrificing useful coverage.
Many people think that car insurance providers give fixed rates, which is why they never try to shop around for better prices. The truth, however, is that most companies segment their rates different so the rates will vary from company to company. You could be saving thousands of dollars each year on auto insurance if you start comparing prices.
